Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property,
originally built in 2021 as a hotel has been converted to workforce housing and has maintained high occupancy since conversion. With its efficient layout and design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. The garages offer an additional sense of security and storage for the residents.
The sale price includes all construction plans for Phase II of the development. If constructed according to plan, it would allow an investor to add 26 units. If
desired, plans can be modified to include more units and/or garages.
For sale
$3,980,000
405 Chickamauga Dr, Dayton, TN 37321
--beds
0baths
22,528sqft
Multi Family
Built in 2021
-- sqft lot
$-- Zestimate®
$177/sqft
$-- HOA
What's special
Efficient layout and design
- 96 days |
- 115 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Heidi Adams,
NAI Koella l RM Moore 865-531-6400
Source: East Tennessee Realtors,MLS#: 1334630
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
Features
- Flooring: Other
Interior area
- Total structure area: 22,528
- Total interior livable area: 22,528 sqft
Property
Parking
- Parking features: Other
Details
- Parcel number: 090P C 00700 000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
Condition
- Year built: 2021
Community & HOA
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $3,070,900
- Annual tax amount: $26,884
- Date on market: 3/30/2026
- Listing terms: Call Listing Agent,Assumable,Alternative,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/30/2026 | Listed for sale | $3,980,000+24.4%$177/sqft |
Source: | ||
| 8/24/2024 | Listing removed | $3,200,000$142/sqft |
Source: | ||
| 5/10/2024 | Listed for sale | $3,200,000+1500%$142/sqft |
Source: | ||
| 9/27/2007 | Sold | $200,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,884 +9.3% | $1,228,360 -6.5% |
| 2024 | $24,601 -3% | $1,313,760 +59.8% |
| 2023 | $25,358 +8.8% | $822,040 |
| 2022 | $23,303 | $822,040 |
| 2021 | $23,303 +1396.8% | $822,040 +1396.8% |
| 2020 | $1,557 +0.1% | $54,920 |
| 2019 | $1,555 +0.6% | $54,920 +0.8% |
| 2018 | $1,545 0% | $54,480 |
| 2017 | $1,546 +5.8% | $54,480 |
| 2016 | $1,461 | $54,480 |
| 2015 | $1,461 +27.9% | $54,480 |
| 2014 | $1,142 | $54,480 |
| 2013 | $1,142 | $54,480 -13.3% |
| 2008 | -- | $62,840 +294.6% |
| 2007 | $390 | $15,925 |
| 2006 | $390 | $15,925 |
| 2005 | $390 -5% | $15,925 |
| 2004 | $411 +32.2% | $15,925 +32.2% |
| 2003 | $311 | $12,050 +0% |
| 2001 | -- | $12,048 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37321
Nearby schools
GreatSchools rating
- 7/10Dayton City Elementary SchoolGrades: PK-8Distance: 0.6 mi
Schools provided by the listing agent
- High: Rhea County
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Rhea County
- Dayton
- 37321
- 405 Chickamauga Dr

